Does an IRA count as an asset in succession? | ScriptaLegal
Personal Law Business Law Packages & Subscriptions
Français About us Create a free account Log in
Interactive legal guides Legal frequently asked questions Legal blog Videos
ONLINE LEGAL DOCUMENTS
Frequently asked questions > Succession/Estate > Property of the estate/succession > Is an individual retirement plan included in the assets of the succession?

Is an individual retirement plan included in the assets of the succession?

If an individual retirement plan taken out with a life insurer or a trust corporation includes a designated beneficiary, this retirement plan is not a part of the succession of the deceased. On the contrary, if the retirement plan does not include a designated beneficiary, the amounts payable pursuant to this plan will enter into the assets of the succession of the deceased.

This browser does not support this kind of file. Please download the file to view it: Download the file